LPL Financial Portfolio holdings
LPL Financial, founded in 1989 through the merger of Linsco and Private Ledger and headquartered in San Diego, California, is the largest independent broker-dealer in the U.S., supporting over 22,000 financial advisors who manage more than $1.4 trillion in advisory and brokerage assets as of late 2024. Serving independent advisors, banks, and credit unions, LPL provides a robust technology platform, research, and back-office support, enabling advisors to offer personalized wealth management, retirement planning, and investment services to clients without proprietary products. The firm, publicly traded since 2010 under CEO Dan Arnold, has grown through acquisitions like Waddell & Reed’s wealth management business in 2021, emphasizing flexibility and advisor autonomy. With additional offices in Fort Mill, South Carolina, and Boston, LPL Financial remains a leader in empowering advisors amid a shifting financial landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$356M |
| 2 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$272M |
| 3 |
iShares TIPS Bond ETF
TIP
|
+$230M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$216M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$189M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.29% |
| 2 | Financials | 3.14% |
| 3 | Consumer Discretionary | 3.03% |
| 4 | Healthcare | 2.67% |
| 5 | Communication Services | 2.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1426
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $4.76M | ﹤0.01% |
173,243
+16,627
| +11% | +$464K |
|
1427
Invesco Active US Real Estate Fund
PSR
$59.4M
| $4.76M | ﹤0.01% |
46,127
+5,506
| +14% | +$594K |
|
1428
Sprott Physical Gold and Silver Trust
CEF
$7.4B
| $4.75M | ﹤0.01% |
277,478
+7,790
| +3% | +$140K |
|
1429
Zillow
ZG
$7.94B
| $4.75M | ﹤0.01% |
53,624
+374
| +0.7% | +$38.1K |
|
|
JHMI
1430
DELISTED
John Hancock Multifactor Industrials ETF
JHMI
| $4.75M | ﹤0.01% |
94,328
+6,033
| +7% | +$316K |
|
1431
Invesco S&P MidCap 400 Pure Value ETF
RFV
$335M
| $4.74M | ﹤0.01% |
52,076
-13,665
| -21% | -$1.26M |
|
1432
Pool Corp
POOL
$6.75B
| $4.74M | ﹤0.01% |
10,902
+1,287
| +13% | +$610K |
|
1433
Invesco DB Oil Fund
DBO
$403M
| $4.74M | ﹤0.01% |
345,085
-103,018
| -23% | -$1.31M |
|
1434
Cerence
CRNC
$385M
| $4.73M | ﹤0.01% |
49,732
+12,745
| +34% | +$1.39M |
|
1435
Synchrony
SYF
$24.7B
| $4.73M | ﹤0.01% |
96,771
+12,341
| +15% | +$600K |
|
1436
iShares Yield Optimized Bond ETF
BYLD
$447M
| $4.73M | ﹤0.01% |
188,218
+9,667
| +5% | +$245K |
|
1437
Brookfield
BN
$104B
| $4.72M | ﹤0.01% |
163,703
+19,050
| +13% | +$556K |
|
1438
EPAM Systems
EPAM
$5.51B
| $4.72M | ﹤0.01% |
8,274
+736
| +10% | +$433K |
|
1439
Amplify BlackSwan Growth & Treasure Core ETF
SWAN
$157M
| $4.71M | ﹤0.01% |
137,639
+16,263
| +13% | +$574K |
|
1440
SPS Commerce
SPSC
$2.64B
| $4.71M | ﹤0.01% |
29,223
+5,522
| +23% | +$680K |
|
|
CERN
1441
DELISTED
Cerner Corp
CERN
| $4.71M | ﹤0.01% |
66,779
-11,334
| -15% | -$876K |
|
1442
Hormel Foods
HRL
$13.8B
| $4.71M | ﹤0.01% |
114,774
-1,671
| -1% | -$75.4K |
|
|
EWSC
1443
DELISTED
Invesco S&P SmallCap 600 Equal Weight ETF
EWSC
| $4.7M | ﹤0.01% |
58,103
+3,877
| +7% | +$315K |
|
1444
WisdomTree Trust WisdomTree US SmallCap Quality Dividend Growth Fund
DGRS
$406M
| $4.67M | ﹤0.01% |
105,345
+20,275
| +24% | +$919K |
|
1445
STMicroelectronics
STM
$46.7B
| $4.67M | ﹤0.01% |
107,071
+12,680
| +13% | +$534K |
|
1446
Cambria Shareholder Yield ETF
SYLD
$987M
| $4.66M | ﹤0.01% |
77,430
+9,437
| +14% | +$583K |
|
|
KSU
1447
DELISTED
Kansas City Southern
KSU
| $4.65M | ﹤0.01% |
17,191
-1,394
| -8% | -$388K |
|
1448
Gabelli Dividend & Income Trust
GDV
$2.6B
| $4.65M | ﹤0.01% |
180,348
+16,673
| +10% | +$442K |
|
|
FINS
1449
Angel Oak Financial Strategies Income Term Trust
FINS
$418M
| $4.64M | ﹤0.01% |
272,821
+18,278
| +7% | +$331K |
|
1450
Invesco Energy Exploration & Production ETF
PXE
$89.6M
| $4.62M | ﹤0.01% |
244,773
-66,398
| -21% | -$1.1M |
|
Similar funds
LPL Financial's Q3 2021 Portfolio in Review
As of Q3 2021, LPL Financial held 4,505 positions worth $106B, up 7.7% from $98.9B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial deployed $9.03B of net new capital in Q3 2021, opening 283 new positions and adding to 2,835 existing holdings. Its largest new stake was Dimensional World ex US Core Equity 2 ETF: 4,232,890 shares worth $110M.
By sector, the portfolio is most concentrated in Technology at 6.3% of assets, up from 6.3% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Goldman Sachs ActiveBeta US Large Cap Equity ETF, an estimated $137M trimmed.
- LPL Financial's largest Q3 2021 buy was Dimensional World ex US Core Equity 2 ETF: 4,232,890 shares worth $110M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q3 2021, an estimated $356M increase.
- LPL Financial's biggest Q3 2021 reduction was Goldman Sachs ActiveBeta US Large Cap Equity ETF, cutting an estimated $137M.
- LPL Financial fully exited At Home Group Inc. in Q3 2021, selling an estimated $7.42M.
- LPL Financial's ten largest holdings make up 19% of its $106B portfolio in Q3 2021.
- LPL Financial opened 283 new positions and closed 186 in Q3 2021.
- LPL Financial's portfolio value rose 7.7% quarter-over-quarter to $106B.
Based on LPL Financial's 13F filing for Q3 2021, filed 15 Nov 2021.